Patrick Industries (PATK) Projected to Post Quarterly Earnings on Thursday

Patrick Industries (NASDAQ:PATK) will likely be announcing its Q2 2026 results before the market opens on Thursday, July 30th. Analysts expect the company to post earnings of $1.28 per share and revenue of $994.9470 million for the quarter. Parties may review the information on the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Thursday, July 30, 2026 at 10:00 AM ET.

Patrick Industries (NASDAQ:PATK) last announced its quarterly earnings data on Thursday, April 30th. The construction company reported $1.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.08 by $0.02. The firm had revenue of $997.17 million for the quarter, compared to the consensus estimate of $989.06 million. Patrick Industries had a net margin of 3.46% and a return on equity of 13.24%. The business’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the company posted $1.11 earnings per share. On average, analysts expect Patrick Industries to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.

Patrick Industries Price Performance

Shares of NASDAQ:PATK opened at $84.69 on Tuesday. The firm has a 50 day moving average of $87.65 and a 200-day moving average of $106.59. Patrick Industries has a 12 month low of $81.29 and a 12 month high of $148.50. The company has a current ratio of 2.71, a quick ratio of 1.04 and a debt-to-equity ratio of 1.16. The stock has a market capitalization of $2.79 billion, a PE ratio of 21.72 and a beta of 1.11.

Patrick Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 8th. Investors of record on Tuesday, May 26th were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Tuesday, May 26th. Patrick Industries’s dividend payout ratio (DPR) is 48.21%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on PATK shares. KeyCorp cut their price target on shares of Patrick Industries from $125.00 to $115.00 and set an “overweight” rating on the stock in a report on Wednesday, July 22nd. Weiss Ratings lowered shares of Patrick Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Monday, June 29th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $150.00 price objective (down from $155.00) on shares of Patrick Industries in a research note on Monday, April 20th. Truist Financial lowered their price objective on Patrick Industries from $126.00 to $113.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Finally, Zacks Research downgraded Patrick Industries from a “hold” rating to a “strong sell” rating in a report on Tuesday, May 5th. Six investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $119.75.

Insider Buying and Selling at Patrick Industries

In other Patrick Industries news, CFO Matthew S. Filer purchased 1,000 shares of the firm’s stock in a transaction on Tuesday, May 5th. The stock was acquired at an average price of $85.50 per share, for a total transaction of $85,500.00. Following the purchase, the chief financial officer owned 21,614 shares of the company’s stock, valued at $1,847,997. This trade represents a 4.85% increase in their position. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Charles R. Roeder acquired 5,750 shares of Patrick Industries stock in a transaction dated Tuesday, May 5th. The shares were acquired at an average price of $87.83 per share, with a total value of $505,022.50. Following the completion of the acquisition, the insider directly owned 42,147 shares of the company’s stock, valued at approximately $3,701,771.01. The trade was a 15.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have purchased a total of 28,700 shares of company stock worth $2,532,880 in the last ninety days. 3.80% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Patrick Industries

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Advisory Services Network LLC bought a new stake in shares of Patrick Industries in the 3rd quarter worth $25,000. Strs Ohio purchased a new stake in Patrick Industries in the 1st quarter valued at about $42,000. Kestra Advisory Services LLC purchased a new stake in Patrick Industries in the 4th quarter valued at about $73,000. Los Angeles Capital Management LLC purchased a new stake in Patrick Industries in the 4th quarter valued at about $76,000. Finally, Northwestern Mutual Wealth Management Co. lifted its position in shares of Patrick Industries by 2,327.3% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 801 shares of the construction company’s stock worth $87,000 after buying an additional 768 shares in the last quarter. 93.29% of the stock is owned by hedge funds and other institutional investors.

Patrick Industries Company Profile

Patrick Industries, Inc is a leading manufacturer and distributor of component products and building materials for the recreational vehicle (RV), manufactured housing, marine and industrial markets. The company supplies a broad array of interior and exterior products, including cabinetry, countertops, flooring, wall panels and decorative trim. Patrick Industries also offers engineered composites, adhesives, sealants and insulation solutions that cater to both original equipment manufacturers (OEMs) and aftermarket customers across North America.

Founded in 1959 and headquartered in Elkhart, Indiana, Patrick Industries began as a small distributor of hardwood and millwork products.